Unified UAE Legislation Database

DIFC Standard Articles of Association Prescribed Company

Status

In force

Issuing Authority

DIFC

Effective date

XX.XX.XXXX

Official Link

https://
1. Interpretation

In these articles;

i. the following terms shall have the meanings set opposite, if not consistent with the subject or context;

Articles means these articles of association of the Company.

Board means the board of Directors of the Company.

Directors means the directors for the time being of the Company or, as the case may be, those directors assembled as a Board or as a committee of the Board.

Incorporator means a person who agrees to subscribe for Shares in the Company and to whom Shares are allotted and issued upon incorporation of the Company.

Law means the Companies Law No. 5 of 2018 including any statutory modification or re-enactment thereof for the time being in force.

Office means the registered office of the Company.

Ordinary Resolution means a resolution of a duly constituted general meeting of the Company’s Shareholders passed by a simple majority of the votes cast on behalf of the Shares entitled to vote through or on behalf of the Shareholders present in person or by proxy and voting at the meeting.  It includes any unanimous written resolution of the holders of Shares entitled to vote, expressed...